ConEd Supplier Faces 5 Years For Bribery

Law360, New York (January 17, 2012, 8:14 PM EST) -- A New Jersey businessman was sentenced Tuesday to five years in prison for paying about $300,000 in bribes to a Consolidated Edison Co. of New York Inc. employee in exchange for a lucrative contract with the power company.

Bernard Grobart, who owns a Lyndhurst, N.J.-company now called Teneyck Inc., passed envelopes stuffed with cash to a ConEd purchasing department manager from 2003 to 2008. The bribes, paid monthly, bought Grobart's pipe supply company ConEd business worth about $22.5 million, according to prosecutors.

“The conduct here was...
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